Posts tagged with 'expensive'

Medical and Travel Insurance for High Risk Countries

The findings of the Competition Commission’s Health Market Inquiry released today reveal what Health Minister Aaron Motsoaledi says he already knew – that private healthcare has become so exorbitantly expensive, even those on medical aid can’t afford it.

Moreover, the commission found – during its more than four-year-long investigation – that the market was characterised by high and rising costs of healthcare and medical scheme cover, disempowered and uninformed consumers, and a general absence of value-based purchasing.

“That private healthcare has become costlier and costlier has been proven today, some of us knew it long ago back in 2009 that private healthcare no longer affordable, even for people who are supposedly rich who are on medical aid can’t afford it,” Motsoaledi said at the briefing held in Sandton to announce the release of the much anticipated provisional report.

Disheartened consumers will probably have to put their hand relatively deep into their pockets soon to provide for new number plates on their vehicles. The legislation on new license plates is likely to come into effect before the end of the year, and drivers will probably have to spend lots of money while someone will..Continue reading…